AgentLogo

237 Astor St

Newark City, NJ 07114

MLS#: 4023720

$1,495,000

Status: Active
Listing number: 4023720
Listing provided by: EXIT REALTY LUCKY ASSOCIATES
Listing agent phone: None
Last update: 21 hours ago
New on site 1 day ago
Browse Properties
Ironbound - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1950

Sq.Footage

0

Turnkey 6-Family investment property located in the highly sought-after Ironbound section on Newark. This well maintained building features six spacious 2-bedroom, 1-bath apartments, all fully occupied, providing immediate and stable rental income. Situated in a prime location close to major highways, public transportation, shopping, and dining, this property is ideal for investors or owner occupants seeking long-term appreciation and consistent cash flow in one of Newarks most vibrant neighborhoods. Full unfinished basement.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Heating YN

    YES

  • Heating

    Baseboard, Electric, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding, Wood Siding

  • Parking

    On Street

  • Pool

    No

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.06

  • Property Type

    Commercial Sale

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,495,000

  • Tax Amount

    $15,796

  • Zoning

    MX-2

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Essex

Elementary School

Middle School

High School

Listing Courtesy of None , EXIT REALTY LUCKY ASSOCIATES

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Patrick Bolger

FOUNDER

Patrick Bolger

Call Patrick today to schedule a private showing.

(973) 945-9979

patrickbolger@kw.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Turnkey 6-Family investment property located in the highly sought-after Ironbound section on Newark. This well maintained building features six spacious 2-bedroom, 1-bath apartments, all fully occupied, providing immediate and stable rental income. Situated in a prime location close to major highways, public transportation, shopping, and dining, this property is ideal for investors or owner occupants seeking long-term appreciation and consistent cash flow in one of Newarks most vibrant neighborhoods. Full unfinished basement.

237 Astor St

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

New on site 1 day ago
Six-family investment property located in the Ironbound. The building features one 1-bedroom apartment and five 2-bedroom apartments, offering excellent rental demand and consistent income potential. Property is in good condition, making it a solid turnkey opportunity for investors seeking immediate cash flow with minimal upfront improvements. Well-maintained units appeal to long-term tenants and support stable occupancy. Conveniently located near major highways, public transportation, schools, and local amenities. Positioned in a growing Newark market with continued redevelopment and upside potential.
#4023725

Newark City

369 E Kinney St

None Beds

None Baths

N/A

$1,425,000

MLS#: 4023725

New on site 1 day ago
Rare opportunity to acquire a six-family property in the highly sought-after Ironbound section of Newark. 51 Richards Street features six spacious 2-bedroom apartments. Ideal for investors seeking stable cash flow in a prime location with built-in rental demand. The Ironbound market continues to outperform with its vibrant restaurant scene, proximity to Newark Penn Station, and easy access to NYC. Significant upside potential through rent increases and long-term appreciation. A strong addition to any portfolio in one of Newark?s most desirable rental neighborhoods.
#4023710

Newark City

51 Richards St

None Beds

None Baths

N/A

$1,775,000

MLS#: 4023710

5 Family For Sale!! (3 Family + 2 Family side by side).131 Delancy Street- 3 Family is all brick-2 of the apartments all renovated with newer kitchens and baths. Separate utilities. 133 Delancy-2 Family with 1-bedroom apartments each. The 3 Family house has an active green card. Flood insurance may be required. 2 Sump pumps. 2 oil tanks have been removed approx 10 years ago. Seller has the certificates.
#4022502

Newark City

131-133 Delancy St

None Beds

None Baths

N/A

$1,250,000

MLS#: 4022502

Welcome to this amazing Vacant Warehouse and Office property located in the Ironbound section of Newark! The warehouse is roughly 4,600 SqFt and office space 1,600 SqFt. Warehouse comes equipped with High Pressure Gas and its own Transformer which handles 240V three-phase, 240V single-phase and loads of 800/1200 Amps. These features expand the use for this property and make a transition that much easier and cost effective. The office space has three separate offices (with central air) on the second floor along with a lobby on the first floor.
#4020698

Newark City

41-43 Malvern St

None Beds

None Baths

6,200 Sq.Ft.

$1,500,000

MLS#: 4020698

Income-producing mixed-use asset featuring 6 residential units and 2 street-level retail spaces on a high-traffic corridor. Strong in-place cash flow with additional upside through lease-up and rent optimization. Value-add opportunity with select units offering below-market rents and vacancy allowing for strategic repositioning.Efficient layout with separate utilities supports streamlined operations and expense control. Retail frontage provides visibility and diversified income stream.Located near major transportation, public transit, and neighborhood amenities, supporting consistent rental demand. Ideal for investors seeking a stabilized asset with near-term upside potential in a growing urban market.
#4020133

Newark City

358-360 S Orange Ave

None Beds

None Baths

8,000 Sq.Ft.

$1,300,000

MLS#: 4020133

Fully Renovated 6-Family Multifamily Investment Opportunity in Newark NJ. 12 Bedrooms 7.5 Baths Turnkey Income-Producing Asset. Strong cash flow with two vacant units offering immediate lease-up and rental upside: updated interiors, separate utilities, and solid in-place income. A full basement adds storage and potential value. Prime location near major highways, public transportation, shopping, and downtown Newark. High-demand rental market with strong long-term appreciation and portfolio growth potential.
#4012808

Newark City

544 Springfield Ave

None Beds

None Baths

N/A

$1,200,000

MLS#: 4012808

5,750 SF Warehouse For Sale in North Newark, 1 minute from Route 21. The property has a 14ft' roll up door with an internal loading dock. The ceiling height ranges from 16' feet in the area with the drive in door and loading dock and 11ft' for the remaining space. The building also has 600 SF of refrigerated/freezer space. Building will be delivered vacant.
#4007263

Newark City

52-56 Elwood Ave

None Beds

None Baths

5,750 Sq.Ft.

$1,199,000

MLS#: 4007263

Ironbound section 5619 sq ft warehouse on 1st industrial Zone or light Industrial. with 2 overheads doors currently divided in 2 spaces approximately 2 250 sq ft used by owner and 3,350 sq ft used by a tenant lease expire May 2026. 1 gas meter ,1 electric meter gas heat blower concrete floor. High ceilings.
#4006891

Newark City

91-95 Rome St

None Beds

None Baths

5,619 Sq.Ft.

$1,279,000

MLS#: 4006891

Ironbound section 6 apartments+3 parking spaces all tenants are month to month. 2-1-bedroom apartments,3-2bedroom apartment, 1"3-bedroom 2 bath apartment. Wood ceramic and carpet floors 6 electric baseboard heat, 6 hot water tanks, 7 gas meters and 8 electric meters. Very well-located good condition.
#4004831

Newark City

160 E Kinney St

None Beds

None Baths

N/A

$1,679,000

MLS#: 4004831

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service